it wasn't that big of a deal. still, though, if we get to the point where we're actually missing payments, that would have a deleterious effect on the economy mainly because the government is about 20 to 25% of the overall gdp of the economy. >> let's talk about terms of what is going on in business right now. corporate earnings have been better than expected. how you navigating the earnings season and what does that mean for the stock market? >> the earnings couldn't have -- it can't be much better. you're looking, if you have seen google or apple or morgan stanley, it hasn't been uniform, but generally speaking the numbers have been fantastic. what is remarkable to us is this is the first time in period where we have seen corporate profits be so divorced from the employment picture. companies are making more and more money, yet they're not hiring more workers. and generally speaking, there is a very, very strong correlation between those two things. i think part of it is what has been said by steve wynn and larr